AML Regulations, or Anti-Money Laundering Regulations, are laws and guidelines designed to prevent the illegal process of making "dirty" money appear legitimate. These regulations require financial institutions and other businesses to monitor transactions, report suspicious activities, and maintain records to help authorities detect and combat money laundering and related crimes. Governments around the world, including the United States and European Union, enforce AML Regulations to protect their financial systems. Compliance with these regulations is crucial for institutions like banks, casinos, and real estate firms, as failure to adhere can result in severe penalties, including fines and loss of licenses.